Colm Burke (Cork North Central, Fine Gael) | Oireachtas source

I turn now to the banks and an issue with which I have a big problem. A simple recent example concerns a person who is in a permanent, pensionable, State job. This person and her partner are having a house built on a site they own. They wanted to draw down €60,000 of the loan to pay the builder.

The bank would not allow it to be drawn down, therefore the builder cannot now pay his suppliers or pay many people to whom he owes money. What engagements have the witnesses had with the banks on this issue? They are reluctant to engage with companies at the moment. How can we change the approach that banks are making?